Two companies submit bids for 50 MW Bhilai solar power project in Chhattisgarh

A total of two companies have submitted bids for development of the 50 MW Bhilai Solar Power Project. These include Refex Energy Limited and Shapoorji Pallonji Group.

Developers
Refex Energy Limited
Shapoorji Pallonji Group

 

The project involves development of 50 MW solar power plant at Bhilai near Raipur in the state of Chhattisgarh at an estimated cost of Rs 2.52 billion. It will be developed under public-private partnership model on design, build, finance, operate and transfer basis. The scope of work includes the design, construction, finance, operation, transfer of the solar projects as well as sale of the generated solar power.

In September 2018, Railways Energy Management Company Limited (REMCL), rolled out a tender for the development of a 50 MWp solar project on Railway’s land in Bhilai, Chhattisgarh, under tariff based competitive bidding.

The power generated from this project was to be purchased by South East Central Railway for a period of 25 years. The earnest money deposit for the solar project was Rs 1 million per MWp. A pre-bid meeting was held on October 25, 2018 and the last date for submission of the bid was November 30, 2018.

In the past, Indian Railways has tendered solar projects to be installed on the rooftops of 78 railway stations across Kerala. In addition, the Railways has announced launching large-scale solar tenders to meet its overall solar power target of 5 GW.

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